VanEck Green Infrastructure ETF (RNEW)
VanEck Green Infrastructure ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $0.25, up 0.00% on the session, giving a market capitalisation of $60.8M. Its beta of 1.36 implies it has historically moved more than the broad market.
The VanEck Green Infrastructure ETF (RNEW) primarily allocates a minimum of 80% of its total capital to the equities of businesses identified as "Green Infrastructure Companies." The fund's objective is to track the performance of a U.S. domestic index that monitors these specific types of enterprises. "Green Infrastructure Companies" are those firms that strive to create a positive environmental effect, either by generating, distributing, or transmitting eco-friendly energy, or by developing robust, sustainable infrastructure that supports the deployment and use of such green power. This fund maintains a non-diversified investment status.
VanEck Green Infrastructure ETF is most often compared with the following Financial Services names: